Scandic AGM Backs Dividend, New Incentive Plan and Share Issuance Mandate

Scandic Hotels Group AB ( (SE:SHOT) ) has shared an update.

Scandic Hotels Group’s 2026 Annual General Meeting approved all proposals from the board and nomination committee, including adoption of the 2025 financial statements and a dividend of SEK 2.60 per share to be paid in two instalments. The meeting also discharged the board and CEO from liability and confirmed a mixed physical and postal voting format for shareholders.

Shareholders re-elected five board members, elected John Brennan as a new director, reappointed Per G. Braathen as chair and re-elected Öhrlings PricewaterhouseCoopers as auditor, with board and auditor fees set as proposed. The AGM further approved the remuneration report, a new long-term share-based incentive program for up to 80 key employees, and authorised the board to issue up to 10 percent new equity, as well as to repurchase and transfer own shares.

Up to 500,000 treasury shares may be transferred to participants in the incentive program, strengthening alignment between management and shareholders while giving the company flexibility to manage dilution and funding. In a signal of its capital allocation priorities, the AGM rejected a shareholder proposal to earmark half of future dividends for share buybacks, instead preserving broader discretion for the board over future capital returns and balance sheet management.

The most recent analyst rating on (SE:SHOT) stock is a Buy with a SEK102.00 price target. To see the full list of analyst forecasts on Scandic Hotels Group AB stock, see the SE:SHOT Stock Forecast page.

More about Scandic Hotels Group AB

Scandic Hotels Group is the largest hotel operator in the Nordic region, with around 320 hotels and 68,000 rooms in more than 150 destinations. The company focuses on accessible, sustainability-led hospitality through its Design for All concept, runs the Nordic hotel sector’s largest loyalty program, Scandic Friends, and is listed on Nasdaq Stockholm.

Average Trading Volume: 451,126

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK18.97B

For an in-depth examination of SHOT stock, go to TipRanks’ Overview page.